Hedge funds cut bullish commodities bets for a third week as trade tensions continued to take their toll on sentiment across most sectors. [Read More...]
Bullish This Week for Banks and Silver, Bearish for Crude
Apologies for missing my usual weekly post early this week. Easter festivities got in the way.I did, however, update my latest signals table with last week’s data from the Commitments of Traders report.Signals that took effect this week: bullish for the BKX U.S. Bank Index and silver, bearish for crude oil. Other signals remained the same.Tune back in after Friday’s COT report for an updated signals table and a (more timely!) post here. [Read More...]
Unprecedented Oil Glut Appears Inevitable
The U.S. has voiced its concerns over the Saudi-Russian oil price war, but thus far, those concerns appear to have fallen on deaf ears. In an interview that was broadcast on CNBC, Senator Ted Cruz (R-TX) answer the question, “Do you think President Trump should try to use his influence with Russia or Saudi Arabia […] The post Unprecedented Oil Glut Appears Inevitable appeared first on INO.com Trader's Blog. [Read More...]
Squawk: USDCAD stays bullish but USDJPY is caught in an intermediate-term…
USDCAD stays bullish but USDJPY is caught in an intermediate-term rang by Steve Miley We have recently highlighted upside threats for USDCAD and USDJPY. The ensuing USDCAD surge higher has… [Read More...]
Traders Shrug Off MH17 Downing, Mideast Fighting
Traders aren’t getting overly exercised about the shoot-down of Malaysia Airlines Flight MH17 almost certainly by Kremlin-backed militia, Israel’s incursion into Gaza and fighting in Iraq.The latest Commitments of Traders report issued Friday has resulted in some new signals taking effect on this week’s open of trading, but not a huge swing toward uncertainty or bearishness.New signals:- bearish for the Nasdaq-100 and gold- cash for copper (which had previously been bearish)- bullish for crude oilThe gold bearish signal is more evidence that traders aren’t freaking out. Serious market trepidation would likely have pushed traders to be bullish gold.S&P 500 Traders BullishOther signals remain the same, including S&P 500, which is bullish. In fact, S&P 500 commercial traders substantially increasing their net futures … [Read More...]
Squawk: Dear Sir/MA We are international financier trust Consultant of worldwide…
Dear Sir/MA We are international financier trust Consultant of worldwide development prime lending’s.We are Specialist of funds loans bank guarantees. We are working with large lending’s… [Read More...]
Squawk: USDCAD poised for an intermediate-term bear shift; USDJPY neutral A…
USDCAD poised for an intermediate-term bear shift; USDJPY neutral A broadly more negative tone for the US Dollar has been seen in early 2019 given a more dovish tone from FOMC Members including the… [Read More...]
Squawk: Hello Everybody My name is Mrs Sharon Sim. I live…
Hello Everybody My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation i will refer any person… [Read More...]